OSG (Overseas Shipholding Group)(OSG:NYSE)
OSG (Overseas Shipholding Group) (NYSE:OSG)
About OSG (Overseas Shipholding Group)
Overseas Shipholding Group, Inc. engages in the provision of energy transportation services for crude oil and petroleum products in the U.S. The company is headquartered in Tampa, Florida and currently employs 713 full-time employees. The company went IPO on 2014-08-08. The Company, through its subsidiaries, owns and operates a fleet of oceangoing vessels engaged in the transportation of crude oil and petroleum products in the United States Flag trades. The firm operates through two segments: International Crude Tankers and International Product Carriers. The firm manages the operations of its International Flag and the United States Flag fleets through its subsidiary, OSG Bulk Ships, Inc. (OBS). As of December 31, 2016, the Company owned or operated a fleet of 24 vessels, totaling an aggregate of a million deadweight tons (dwt). As of December 31, 2016, the Company's United States Flag Fleet consisted of 22 owned and chartered-in Jones Act Handysize Product Carriers and Articulated Tug Barges (ATBs), and two non-Jones Act United States Flag Handysize Product Carriers that participate in the United States Maritime Security Program.